Featured Brokers
CONFIDENTIAL SALE
FOR SALE
15/03/23
510024
2327T / Rightbiz
Summary:
- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- All Fixtures and Fittings Included
- Highly Rated
- Established Business
- Proof of Funds Required
Business Description
Silk Letting Ltd would like to welcome to the market an award-winning cocktail bar in Manchester. It is located in a busy well-known area within the city centre surrounded by other bars and businesses creating a strong base of regular customers as well as benefitting from a huge amount of passing trade due to its excellent location.
This picture-perfect business is located over two floors and is fully equipped to a high standard with a melange of slick modern finishes and decor, all fixtures and fittings are included meaning any new owner could continue trading.
With a capacity of 210 and the potential for additional seating outside. The business operates at capacity most weekends with a mixture of bookings and walk-ins, all pre-booked parties / bookings will be transferred to any new owner.
The business has a fully functional website and social platform that is used and will be transferred.
Location and Amenities:
The business is ideally located in the heart of Manchester City Centre surrounded by local amenities, bars and restaurants meaning it is ideally located in the heart of a busy and sought-after area.
Its town centre location provides good transport links making the premises easily assessable for the owner, staff and customers.
Growth Potential:
This is a perfect opportunity for any buyer looking to own a well-established business with the potential for further growth.
Any new owner could increase revenue and profit by converting part of the premises into a restaurant and serving food.
Offers and discounts throughout the week at quieter times to increase business. Increase social media following by running incentives / competitions for customers on Facebook and Instagram.
Financial Profile:
Tenure: Lease (Rents property only) – 9 years remaining
Business Rates: Available upon request
Turnover is available upon request.
Property:
The property is well maintained with a modern and contemporary décor, located over two floors and has a capacity of 210. The property consists of a bar area on each floor, a seating area, a glass washroom, cellar, staff room and an office.
Security Features:
The property is fully secured with an alarm system and CCTV cameras throughout. The property also benefits from its city centre location. It is fitted with fire alarms and air conditioning.
Fixtures and Fittings:
All fixtures and fittings are included making it fully equipped and ready for any new owner to take over and continue running.
A full list of assets is available upon request.
We anticipate great interest in this amazing listing and such a huge business opportunity is not to be missed. We do not anticipate this business to be on the market for long.
Would you love to be running an already successful business and call it your own? This is an enormous and distinctive business opportunity to become your own boss and carry out your passion daily.
Staff Members:
The business currently employs 10 staff members, who are happy to continue employment under new ownership. This is an exciting turn-key opportunity for any new owner looking to purchase an already existing business with the potential for further growth.
Reason for Business Sale:
The current owner is selling the business due to other business commitments, creating the perfect opportunity for any new owner to take over an already established business and take it to the next level.
A viewing of this property is highly recommended to appreciate its true value and the potential it has for any new owner.
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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